Eveready Industries Approves ₹2.52 Billion Deal for Noida Leasehold Rights

Eveready Industries India Ltd., a leading player in the batteries and consumer goods segment, has disclosed that its Board of Directors has approved the sale of leasehold rights in Noida. The transaction, valued at ₹2.52 billion, marks a significant step in the company’s ongoing efforts to optimize its asset portfolio and enhance liquidity.

The decision comes as part of Eveready’s broader strategy to consolidate operations and focus on core business areas. By monetizing non-core assets, the company aims to strengthen its balance sheet and create room for future investments in growth-oriented initiatives.

Key Highlights

• Deal Value: ₹2.52 billion consideration for Noida leasehold rights.
• Board Approval: Decision finalized at the February 5, 2026 board meeting.
• Strategic Intent: Unlocking asset value to improve financial flexibility.
• Operational Focus: Streamlining operations to prioritize core consumer goods and battery businesses.
• Investor Outlook: The move is expected to bolster confidence in Eveready’s long-term growth strategy.

This development underscores Eveready’s proactive approach to asset management and financial restructuring, aligning with its vision of sustainable growth in India’s competitive consumer goods market.

Sources: NSE Filing, Business Standard, Economic Times